This is a win-win for Wilmer Cutler. The firm gets to charge Apple for all the hours spent putting together the obviously excessive 3000 page submission, and then it gets to charge Apple for all the hours spent putting together the chart when the 3000 page submission is rejected. Ka-ching!

Lawyers for Apple Inc. have until the end of the day to turn 3,000 pages of material into a simple chart after an administrative law judge at the International Trade Commission struck the massive filing as "unacceptable." The order by Administrative Law Judge E. James Gildea, as noted by the Foss...

Don't understand the objections to this appointment. The Senate has been in recess since December 23, 2011. Mitch McConnell coming into the Senate chambers every other day to read his grocery list into the Senate Record does not change that reality. Those that oppose this appointment have had plenty of time to go to court and seek an injunction, but they haven't done so because they recognize the so-called "pro forma" proceedings are a sham.

Richard Cordray is wasting no time as the newly appointed head of the Consumer Financial Protection Bureau. In a speech today at the Brookings Institution in Washington, he announced that the agency has officially launched its program for supervising non-banks. "We will begin dealing face-to-face...